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NOTICE OF INTENT TO FORFEIT

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Posted: Tuesday, April 3, 2012 4:00 pm

(RCW  Ch 61.30, as amended)

TO:    Perch Point Resort, LLC            Linda M. Tanferani-Jackson

    5943 RD J SE                    5943 RD J SE

    Moses Lake, WA 98837            Moses Lake, WA 98837

    Robert J. Tanferani                Linda M. Tanferani-Jackson

    9233 NE 193rd Street                511 W Mill Street

    Bothell, WA 98011-2255            Livingston, TX  77351-3230

    Patsy K. Tanferani                Perch Point Tenant Association

    PO Box 265                    300 S. Okanogan Avenue #3A

    Harrington, WA  99134            Moses Lake, WA  98837

    Grant County                    Northwest Justice Project

    PO Box 37                    PO Box 3324

    Ephrata, WA  98823                Wenatchee, WA  98807-3324

Abbrev. Legal:    That portion of the Southwest quarter of Section 35, Township 18     North, Range 28 East, W.M., Grant County, Washington; AND that     portion of Farm Unit 294, Irrigation Block 42, Seventh Revision of     Irrigation Block 42, Columbia Basin Project, as per plat thereof filed     September 2, 1959, records of Grant County, Washington.

Assessor's Tax Parcel:          19-0995-002

    

Reference AFNs:    839770 and 941109046

    YOU ARE HEREBY NOTIFIED that the Real Estate Contract described below is in default, and you are provided the following with respect thereto:

    (a)    The name, address and telephone number of the Seller, and, if any, the Seller's Agent or Attorney giving the Notice:

    Contract Seller:                Attorney:

    David L. Murray                 Brian Dano

    Patsy R. Murray                Dano Law Firm, P.S.

    2326 Hamilton Rd NE            PO Box 1159/100 E Broadway

    Moses Lake, WA 98837            Moses Lake, WA 98837

                        (509) 765-9285

    (b)    Description of Contract:

    Real Estate Contract between David L. Murray and Patsy R. Murray, husband and wife, as Seller, and James Tanferani and Patsy K. Tanferani, husband and wife, and Linda M. Tanferani Jackson, a single person, as general partners, as Purchasers, entered into a Real Estate Contract, dated May 10, 1990, recorded May 25, 1990, under Grant County Auditor's File No. 839770 ("the Contract"), the Purchaser's interest in which was assigned to Perch Point Resort Limited Liability Company, a Washington limited liability company, by Deed and Purchaser's Assignment of Real Estate Contract dated October 1, 1994, recorded November 9, 1994, under Grant County Auditor's File No. 941109046.

    (c)    Legal description of the Property:  

    That portion of the Southwest quarter of the Southwest quarter of Section 35, Township 18     North, Range 28 E.W.M. and that portion of Farm Unit 294, Irrigation Block 42, described     as follows:

    Commencing at a found U.S.B.R. brass cap monument marking the

    Southwest corner of the Southwest quarter of said Section, said monument bears South     00E19'29" West on the westerly boundary line of the Southwest quarter of said Section a     distance of 2670.83 feet from a found U.S.B.R. brass cap monument marking the     Northwest corner of the Southwest quarter of said Section; thence South 89E30'40" East on     the southerly boundary line of the Southwest quarter of said Section a distance of 157.15     feet to the Southwest corner of said Farm Unit and the True Point of Beginning; thence     North 01E07'38" West on the westerly boundary line of said Farm Unit a distance of     1193.43 feet; thence North 84E11'57" East a distance of 371.60 feet to the easterly     boundary line of the parcel described in the legal description as found in book 505 of deeds,     page 339, records of Grant County, under auditor=s file number 770482; thence South     11E01'58" East on the easterly boundary line of said parcel a distance of 1259.04 feet to the     southerly boundary line of the Southwest quarter of said Section and the southerly     boundary line of said Farm Unit; thence North 89E30'40" West on the southerly boundary     line of the Southwest quarter of said Section and the southerly boundary line of said Farm     Unit a distance of 587.18 feet to the point of beginning.  APN: 19-0995-002 (the     "Property").

    (d)    Description of Default(s):

    Failure to pay the following past due items, the amount and an itemization for which are given in (g) below:

    1.    Delinquent principal payments to 09/30/2011 (payoff date)

    2.    Delinquent interest to 03/22/2012

    3.    Proof of Insurance with Seller identified as Loss Payee

    4.    Real Property Taxes - 2011

    5.    Failure to keep current any encumbrances which may affect Seller's right of         ownership

    (e)    Failure to Cure Default(s):

    Failure to cure all of the defaults listed in (d) and (g) and to pay the fees and costs specified in (h) below, on or prior to 5:00 p.m. on June 29, 2012, will result in the forfeiture of the Contract.

    (f)    Results of Forfeiture:

    1.    All of Purchaser's right, title and interest in the Property, and of all persons claiming through Purchaser, and all whose interests in the Property are otherwise subordinate to Seller shall be terminated;  

    2.    Purchaser's rights and rights of all persons claiming through Purchaser under the Contract shall be cancelled;

    3.    All sums previously paid under the Contract shall belong to and be retained by Seller or other person(s) to whom paid and entitled thereto;

    4.    All of Purchaser's rights in all improvements made to the Property shall belong to Seller; and

    5.    Purchaser and all persons occupying the Property whose interests are forfeited shall be required to surrender possession of the Property and improvements thereon to Seller within ten (10) days after the Declaration of Forfeiture is recorded.

    (g)    Itemization of Monetary Default(s):

    The following is an itemized statement of payments of money in default (or where indicated, a reasonable estimate thereof):

    1.    Delinquent principal due on 09/30/2011                                    $     264,899.59

    2.    Delinquent interest to 3/22/2012 (per diem $50.8027)      $     132,159.36

    3.    Delinquent 2011 second half real property taxes                        $    2,445.96

    (plus penalties and interest as they accrue)                                    ____________

                                                                                                                         

    TOTAL                                                    $    399,504.91

    (h)    Fees and Costs:

    The following is a statement of all other payments, charges, fees and costs (or where indicated, a reasonable estimate thereof), required to cure the default(s):

    Items                                Amount

    Copying/postage.....................................................................    $     550.00

    Seller's Attorneys' fees (approximate)....................................    $  3,500.00

    Title Report / Litigation Guaranty..........................................    $  1,223.53

    Process Service    .......................................................................$     735.00

    Legal Publication    ....................................................................$     500.00

    Recording Fees........................................................................    $       71.00

    TOTAL                                                                  $  6,579.53

    (i)    Total Amount Necessary to Cure Monetary Default(s):

    The total amount necessary to cure the defaults is the sum of the amounts in (g) and (h) above, which is $ 406,084.44, PLUS interest and the amount of any payments, taxes,

interest, penalties and late charges which fall due after this Notice is given and on or prior to the date the Declaration of Forfeiture is given.  Monies required to cure the defaults must be

tendered by cashier's check or wire transfer funds to Dano Law Firm, P.S. Trust Account, 100 E. Broadway, Moses Lake, Washington 98837.

    (j)    Right to Contest Forfeiture:

    Any person(s) to whom this Notice is given may have the right to contest the forfeiture or to seek an extension of time to cure the default, or both, by commencing a court action by filing and serving the summons and complaint before the Declaration of Forfeiture is recorded; PROVIDED THAT NO EXTENSION IS AVAILABLE FOR DEFAULTS WHICH ARE A FAILURE TO PAY MONEY.

    (k)    Notice/Public Sale:

    Any persons to whom this Notice is given is informed that: such person may have the right to request a court to order a public sale of the Property; such public sale will be ordered only if the court finds that the fair market value of the Property substantially exceeds the debt owed under the Contract and any other liens having priority over the Seller's interest in the Property;  the excess, if any, of the highest bid at the sale over the debt owed under the Contract will be applied to the liens eliminated by the sale and the balance, if any, paid to the Purchaser; the court will require the person(s) who requests the sale to deposit the anticipated sale costs with the Clerk of the court; and any action to obtain an order for public sale must be commenced by filing and serving the summons and complaint before the Declaration of Forfeiture is recorded.

    (l)    No other notice is required:

    Seller is not required to give any persons any other notice of default before the Declaration of Forfeiture which completes this forfeiture is given.

DATED: March 21, 2012.

    DANO LAW FIRM, P.S.

    s/___________________________

                                                                                Brian J. Dano, WSBA # 04793

         Attorney for Sellers

STATE OF WASHINGTON

County of Grant

    I certify that I know or have satisfactory evidence that Brian J. Dano is the person who appeared before me, and said person acknowledged that he signed this instrument, on oath stated that he was authorized to execute the instrument and acknowledged it as the Attorney for David L. Murray and Patsy R. Murray, to be the free and voluntary act of such party for the uses and purposes mentioned in the instrument.

    DATED:  March 21    , 2012.

                        

        s/_________________________________

    Signature

                                            Vicki M. Heimark___________________

    Name

    NOTARY PUBLIC        _____________        _____

    Title

    My appointment expires: 05/01/2015_____

s/________________________________        _______   s/___________________________________

David L. Murray                                                                            Patsy R. Murray

CONTRACT SELLERS

STATE OF WASHINGTON

County of Grant

    I certify that I know or have satisfactory evidence that David L. Murray and Patsy R. Murray are the persons who appeared before me, and said persons acknowledged that they signed this instrument and acknowledged it to be their free and voluntary act for the uses and purposes mentioned in the instrument.

    DATED:  March 21    , 2012.

                        

    s/_________________________________

    Signature

    Vicki M. Heimark                    ___________________

    Name

    NOTARY PUBLIC    __________________        

    Title

    My appointment expires:             05/01/2015____

#04016/2263466/2263674

Pub.: March 27 & April 3, 2012

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